Monday, June 24, 2013
Poor Math Skills Raise Your Risk for Foreclosure
really, people who aren't good with math, and therefore also not good with budgeting, may be more likely to not pay bills or have a higher risk of forclosure? Say it isn't so.
Apparently "Borrowers who got into trouble weren't simply the victims of tricky or unfair loans. It could have been that they also didn't have the math skills to manage their personal finances."